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The New Stages of IoT, and Why It Matters (Even For Engineers) | Symmetry Blog

Symmetry Electronics Team in Blogs on February 12, 2019

About Symmetry Electronics Team

Established in 1998, Symmetry Electronics is a focused global distributor of wireless connectivity solutions, sensors, and audio-video technologies. Offering comprehensive design support and available-to-ship inventory, Symmetry is committed to helping engineers accelerate time to market, reduce costs, and offer modern solutions for their IoT designs. Acquired by Berkshire Hathaway company, TTI, Inc. in 2017, Symmetry Electronics is part of the Exponential Technology Group (XTG) – a supergroup of electronic component distributors and engineering services firms working together to advance the electronics industry. For more information, visit www.symmetryelectronics.com.


While we love talking about how IoT is changing the way we work and live, the focus of IoT has also become scattered across different purposes and industries without a concrete identity.

With IoT invading into every industry in every form imaginable, will IoT ever finally move beyond pure invention and become a refined tech staple? Or will it continue to conform to the latest trends without any sign of stability?

In 2016, Gartner published the maturity model for the Internet of Things, providing "an evolutionary framework that encompasses five levels and seven dimensions" for companies to use as a "model to understand, track and maximize the business impact of IoT investments across their organizations."

The five stages are as follows:

  1. Initiating
  2. Exploratory
  3. Defined
  4. Integrated
  5. Optimizing

It is these five stages that Anthony Sayers refers to in an article on IoT Now about whether IoT will ever  In order for IoT to work in a more data-driven environment, businesses need to move past the first tree stages and work towards integrating their IoT systems into all other company processes.

It is not enough that IoT solutions are created to aid a company product - often times these solutions are built outside of everything else within the business, isolated from the rest of the product. Integration is key to moving past IoT simply being a nifty technology add-on and into becoming a seamless but essential component of the business model. As Anthony Sayers points out:

It’s important to understand that IoT cannot be implemented in isolation. This is why integration is a key part of the IoT jigsaw puzzle. By creating a more integrated strategy, businesses will be able to reap the benefits of gaining insights from third party data, in addition to their own data. Not only this, but a more integrated IoT model offers deeper time and trend-based analysis.

Once we are able to implement IoT successfully in this way, it will become engrained so seamlessly that we will stop noticing it as an add-on technology enabler.

This is where we are beginning to see organizations transitioning; business models are starting to take both the predictive and prescriptive elements into consideration. This means connecting all data points to achieve a predictive maintenance strategy.

By changing the way we add IoT into our present technologies, we can provide a successful future for our IoT implementations, rather than creating one-off novelties. Planning how IoT can integrate with the entire business model rather than just the direct "connected" device can make future development of the product easier and less chaotic. Supporting a deep neural network of IoT rather than a single concentrated solution is the key to IoT maturity.

 

For more information about how to best integrate IoT into your business, ask one of our Application Engineers on what you need for IoT success. Our Applications Engineers offer free design and technical help for your latest designs. Contact us today!

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Symmetry Electronics Team in Blogs on February 12, 2019

About Symmetry Electronics Team

Established in 1998, Symmetry Electronics is a focused global distributor of wireless connectivity solutions, sensors, and audio-video technologies. Offering comprehensive design support and available-to-ship inventory, Symmetry is committed to helping engineers accelerate time to market, reduce costs, and offer modern solutions for their IoT designs. Acquired by Berkshire Hathaway company, TTI, Inc. in 2017, Symmetry Electronics is part of the Exponential Technology Group (XTG) – a supergroup of electronic component distributors and engineering services firms working together to advance the electronics industry. For more information, visit www.symmetryelectronics.com.

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